Inventory Control

Inventory Control handles the recording of stock movements for raw materials, packing materials to optimise the advantages of our Raw Material Utilisation and Recipe Costing modules.

The module provides on-line maintenance of inventory stock quantity, costs and values across a multi-company, multi-warehouse and multi-location environment.

All required information is obtained from goods received and Purchase Order Processing. A printout produces details of the stock position of each item with its value at the latest, average or standard price.

To provide better management control, the number of weeks stock holding at the latest usage rate is also given. Stock levels can then be kept in control as a realistic reorder level can be set.

Full transaction history can be retained on-line and extensive free format text can be maintained for each item.

Inventory Control is fully integrated Purchase order processing and uses the supplier details from the Purchase Ledger module.